MahaRERA Property Intelligence · Pune

PAREKH HOUSE

P51900034002 · GUJARAT SOCIETY · promoter Innovative Realest Private

Certificate SignedDue 22 Dec 2025

Delivery & Registration

MahaRERA registrationP51900034002
Registered on17 Mar 2022
Promoter-declared completion22 Dec 2025
Current statusCertificate Signed
Against todayabout 7 months past the declared date

Regulatory Standing

MahaRERA's own defaulter/deregistration lists and the project's quarterly-progress-report filing — the regulator's view of whether this project is in good standing.

Builder Track Record

Across MahaRERA, Innovative Realest Private is the promoter of record on 13 projects, of which none currently carry a MahaRERA regulator flag (insolvency, deregistration, completion-lapse or QPR default). Read the pattern across the portfolio, not just this project's brochure — matched on the promoter name in the MahaRERA register.

Buildings & Wings

The buildings and wings registered under this project, with each tower's sanctioned height and declared completion date. Here the tallest tower rises to G+25.

BuildingWingsFloorsDeclared completion
INNOVATIVE ELEGANCE1G+2522 Dec 2025

Complaints

No buyer complaints were on this project's MahaRERA record at the time of reading — a clean sheet worth re-checking near booking.

Location, Land & Connectivity

Located at GUJARAT SOCIETY, ABHINANDAN SWAMI JAIN MANDIR ROAD, Ward FNorth, Mumbai City, 400022. Per the filed land record, the plot is bounded to the north by 1746, to the south by ROAD NO 25B, to the east by 196A6 and to the west by ROAD NO 25. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~105 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.

LandmarkStraight-line
Hinjewadi Rajiv Gandhi IT Park105 km
Baner–Balewadi belt110 km
Pune Junction / city centre121 km
Pune Int'l Airport (Lohegaon)123 km
Kharadi / EON IT Park126 km
Magarpatta / Hadapsar IT126 km

Straight-line distances from the geocoded project locality (the RERA address is an area, not a door) — directional, not door-to-door drive times. Check the actual road route, the nearest metro station and daily-need shops/schools/hospitals on a site visit.

🔒 The verdict & buyer playbook · Compliance report

The paid report opens with the overall risk read on this MahaRERA filing, exactly what I'd do as a buyer in this project, who it suits, and the questions to put to the promoter before you commit.

Unlock in the ₹999 report →

🔒 Unit-by-unit guidance · Unit Guidance report

Which building/wing and unit to prefer and the sanctioned-plan read for this project — the ₹2,999 guidance layer.

Unlock in the ₹2,999 report →

🔒 Full financial records — escrow, funding & the document catalog · Compliance report

The RERA 70% designated-escrow account activity, the declared means-of-finance, the professionals of record, and every document filed with MahaRERA — the raw records the read above is built on.

Unlock in the ₹999 report →

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Builder track record

Innovative Realest Private Limited is the promoter on 2 MahaRERA-registered projects, with none currently carrying a regulator flag — a reassuring wider track record (matched on the promoter name in the register; it doesn't guarantee this specific project, but a clean portfolio is a good sign).

Other flagged projects by Innovative Realest Private Limited

Innovative Realest Private Limited
FlaggedMumbai City

Other RERA-registered projects in Sion

Aadi Arpan
possession by Jul 2026 · Aadi Shikhar LLP
DNS Anuutham
possession by Aug 2026 · DNS Constructions Private Limited
Runwal Timeless
possession by Sep 2026 · Runwal Developers Limited
Harsh Tulip
possession by Oct 2026 · Harsh Developers & Infrastructure LL
Lodha NCP Tower - 1
possession by Dec 2026 · Lodha Developers Limited
Raunak Centrum
possession by Dec 2026 · Raunak Jigna Associates

Major developers building in Sion

Other RERA-registered projects in Mumbai City

Parinee Eminence Phase 1
declared completion Mar 2026 · Om Omega Shelters Private Limited
Park 55
possession by Dec 2026 · Divine Ganesha Developers LLP
Park Abode
declared completion Jun 2026 · Shree Siddhivinayak Developer
Park Crown
possession by Dec 2028 · SS Crown Infrastructure
Park Marina
declared completion Dec 2025 · Richa India Infra Development PVT LTD
Park Mist
declared completion Dec 2025 · Richa Housing Projects Private Ltd.

What to verify before you book

  1. Confirm the MahaRERA registration is live and read the project page on the MahaRERA portal for the sanctioned plan, approvals and the promoter's quarterly progress reports.
  2. Check the declared completion date against actual site progress — registration is not the same as a delivered, occupancy-certified building.
  3. Verify the exact carpet area, floor and unit number in your agreement match the sanctioned plan (not the brochure's saleable area).
  4. Confirm the title, the 7/12 land extract and that your payments go to the project's designated RERA escrow account.

Flags are from MahaRERA's own published problem lists — not a claim about the developer's intent. Explore every flagged project on our Mumbai, Thane & the MMR RERA red-flag register.

Last checked against the RERA register: 27 Jul 2026